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HOME |Investors | Presentation | Financial Conference for the Results of Fiscal 2006

Financial Conference for the Results of Fiscal 2006

Summary of the Consolidated Business Results
for the Year Ended March 31, 2007

Business Environment

Demand remained strong overall
  • Demand related to capital expenditures continued to increase in Japan.
  • Automotive related production increased 5.2% YOY, although
    production by some automotive manufacturers declined.
  • Economies in non-Japan (Americas, Europe and Asia) remained robust.
    Especially, in Asia, China exhibited strong economic expansion.

Summary of Business Results

  • Posted record sales and profits for three consecutive years.
  • Sales and profits increased YOY in each business segment.
    *Industrial machinery bearings Profitability improved to 13.7%  
    *Automotive products Profitability improved steadily.
    *Precision machinery & parts Profitability improved dramatically.
    Ordinary income doubled YOY.
  • ROE reached 14.0%
  • Dividends forecasted to increase.
    ¥12.0 per share for the year ended Mar. 31, 2006
    ¥16.0 per share for the year ended Mar. 31, 2007
    (including 90th anniversary commemorative dividend of ¥1.00)
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